How you bring vendors in sets the tone for everything that follows.
A business is its own living, breathing thing that has its own identity attributes. Specifically, there are legal attributes: Are you an LLC? Inc? There are compliance attributes: Are you…
Supplier identification can be a touchy subject for vendor managers. Considering the manual labor involved in the process, we don’t blame them. Understanding who you’re doing business with is a…
Vacation should be a time to relax and recharge, but for many professionals, especially those involved in vendor management, taking time off can be a big source of stress. The…
Once upon a time, in the not-so-distant past, the vendor administrator was tucked away behind mountains of paperwork, deep within the labyrinth of administrative duties. I know you can picture…
Vendor management job responsibilities are changing in a big way. Then again, so is the world of vendor management.
This year, the PaymentWorks team had the privilege of attending the Gartner NA Supply Chain Symposium/Xpo. This cornerstone event brings together the sharpest minds in procurement supply chain management. The…
Higher education procurement and AP teams are under more pressure than ever: increasing fraud attempts, manual vendor onboarding bottlenecks, and limited staff resources are making day-to-day operations harder to scale.…
Leaders often recognize the negative impacts of bad vendor management (higher costs, increased compliance and fraud risks, data security issues, and legal woes), but what about the benefits of good…
Trustworthy, reliable vendors are the lifeblood of any business. Unfortunately, making sure those vendors are compliant and not on any sanctions lists is often the bane of the vendor desk’s…
What vendor manager salary are you paying the folks who handle all things vendor onboarding and change management? More importantly, is it reflective of their full scope of responsibilities?
